Seahawk Recycling Holdings(US:SEAH) 智通财经网·2026-01-08 08:08Group 1 - Seahawk Recycling Holdings plans to raise $19 million through an IPO by issuing 3.8 million shares at a price range of $4 to $6 per share, increasing the fundraising target by 88% compared to the previous plan of 2 million shares [1] - The company operates in Japan, focusing on recycling services for waste metals and paper, sourcing materials from various channels and supplying them to smelters, trading companies, and paper mills [1] - Seahawk Recycling was established in 2013, with projected revenue of $83 million for the 12 months ending September 30, 2025, and currently employs 17 people [1] Group 2 - The company's business model differs from traditional recycling firms by partnering with enterprise-level waste sources and community recycling networks through long-term agreements, allowing for predictable and traceable raw material sourcing [2] - Seahawk Recycling acts as an industrial raw material quality inspection center, ensuring that waste materials undergo classification, purification, and grading to provide certainty to the manufacturing sector [2] - The team, although small, functions like a global raw material "air traffic control," focusing on pricing, system design, and key client management while outsourcing logistics and coordination to digital systems, emphasizing a shift from traditional recycling methods [2]